Birla Corporation has grown from a Rs 1,763-crore company to Rs 3,200 crore; profitability, however, has suffered due to the slowdown.
The patriarch of the Birla family, Basanta Kumar Birla, on Friday said that he was not worried about the 25 per cent stake held by Rajendra Lodha controlled M P Birla group in Pilani Investments as he and his grandson, Kumarmangalam Birla had now con
"We are sure that the will is fabricated and so are going to challenge it in the court of law," highly-placed sources in B K Birla group said on Wednesday.
The 20 richest people on the planet are worth a staggering USD 1.2 trillion, a sum roughly equivalent to the annual economic output of Mexico.
The sale of the Lincoln House in the Breach Candy area of south Mumbai, which used to house the US consulate, to the billionaire chairman of the Pune-based Serum Institute, makes it the largest real estate deal in the country's financial capital.
Forbes said Prime Minister Narendra Modi's "economic experiments" barely affected India's billionaires while none gained more than oil-and-gas tycoon Mukesh Ambani, who cemented his decade-long hold on the top slot by adding a staggering USD 15.3 billion (67 per cent) to his last year's wealth to become one of Asia's top five richest.
The fierce litigious fight for little-known Birla Corporation marked the first major controversy for this storied and reserved business family.
Between 2011 and 2014, they indirectly determined the price of tyres in the market, says report
The state needs great numbers of new-generation entrepreneurs.
The combined networth of India's 100 wealthiest is $381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from $ 345 billion in 2015
Then chief minister Jyoti Basu once told an industrialist that capitalists were class enemies and he should expect no sympathy.
The Big Chill is an upmarket cafe in New Delhi's tony Khan Market and that's where Deora wanted to meet. He introduces me to his favourite cake: tiramisu with a generous infusion of Bailey's, the Irish creme liquor. I take a spoonful, recall the reading on the bathroom scales earlier that morning, and resolutely push it aside, writes Aditi Phadnis.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances